The African Development Bank has been selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for its $3 billion dollar-denominated Fight COVID-19 social bond issued on March 27, 2020. The winners of the GlobalCapital Bond Awards 2020 were announced on September 30, 2020, at a ceremony […]
Category: Business
Almost 10% of Ghana’s GDP lost through road accidents – Transport Minister reveals
Ghana has over the last couple of years lost almost 10% of its Gross Domestic Product (GDP) through road accidents, the Minister for Transport, Hon. Kwaku Ofori Asiamah has revealed.
800 African real estate investors and developers meet to build a post pandemic future
Speaking ahead of the 11th annual African Property Investment (API) Summit Virtual which is taking place online from 30 September – 01 October 2020, Standard Bank’s Head of Real Estate Finance, Africa Regions, Niyi Adeleye, commented that while the Covid-19 pandemic has impacted the sector, those with the necessary capital have continued to seize opportunities. “Real […]
Webb Fontaine appoints new CEO
Webb Fontaine today announced that Alioune Ciss has been appointed as the new CEO, effective 1st January 2021. He succeeds Didier Reymond who has successfully led the company since 2016. Alioune Ciss has held the position of Executive Director of Sales and has been instrumental in the company’s growth strategy and management of world leading […]
Orange improves access to mobile internet in Africa supported by Google
Affordability of devices remains one of the most significant barriers to smartphone adoption in Africa. The average cost of an entry level smartphone in Africa still exceeds 60% of average monthly income, making smartphones largely inaccessible for the majority of the population.
1D1F: Akufo-Addo commissions Kasapreko water, juice and soft drinks factory
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Monday, September 28, 2020, commissioned the Kasapreko Water, Juice and Soft Drinks Factory, a company operating under Government’s One-District-One-Factory initiative.
Thank you for building the biggest compost & recycle plant in Africa – Akufo-Addo to Jospong
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Sunday, inaugurated a $95-million state-of-the-art composting and recycling plant in Kumasi in the Ashanti Region and lauded Jospong Group of Companies for their invaluable service to the nation.
Safety in consumption of tomato paste intact; ignore misleading documentary – FDA
The Food and Drugs Authority (FDA) has assured the general public that the safety in the consumption of tomato paste is still intact, urging all to ignore a documentary which has gone viral on social media that seems to portray that the safety of the product has been compromised.
Cocoa producer priced increased to GH¢660 per bag – Akufo-Addo announces
“Nananom, beginning 1st October 2020, I am happy to announce the award of a new cocoa producer price of ten thousand, five hundred and sixty cedis (GH¢10,560) per metric ton, equivalent to six hundred and sixty cedis (GH¢660) per bag for the coming 2020/21 crop year. This represents a hike of more than twenty-eight per […]
UN, ILO appoint Employment Minister to join Int’l Advisory Board on Climate Action for jobs Strategy
The Minister for Employment and Labour Relations, Hon. Ignatius Baffour-Awuah has been appointed as a member of the International Advisory Board on the Climate Action for jobs Strategy, an initiative of the International Labour Organisation (ILO) and the United Nations (UN).
COCOBOD announces closure of 2020 Light Crop Season
The Ghana Cocoa Board (COCOBOD) has announced that the 2020 Cocoa Light Crop Season would end at the close of business on Thursday, September 17, 2020.
Akufo-Addo commissions Bechem Business Resource Centre
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has commissioned the Bechem Business Resource Centre, which has been set up by the Ministry of Trade and Industry to provide strategic support and assistance to the domestic private sector operating at the Tano South district level.